Learning Technologies Group
LTG.L
#5564
Rank
A$1.56 B
Marketcap
$1.97
Share price
0.20%
Change (1 day)
31.54%
Change (1 year)

P/E ratio for Learning Technologies Group (LTG.L)

P/E ratio at the end of 2023: 21.7

According to Learning Technologies Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2594. At the end of 2023 the company had a P/E ratio of 21.7.

P/E ratio history for Learning Technologies Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202321.7-30.97%
202231.4-63.14%
202185.222.3%
202069.6-16.76%
201983.6-23.49%
2018109-35.11%
2017168-250.51%
2016-112-265.23%
201567.7-119.05%
2014-3561520.68%
2013-21.9-117.44%
2012126

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.